BJCORP-WC

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Listing Information & Profile

Profile for Securities of PLC

BERJAYA CORPORATION BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Free detachable warrants ("Warrants") issued pursuant to the acquisition of 12.00% equity interest in Berjaya Land Berhad for a total purchase consideration of RM419.11 million satisfied by the issuance of RM353.25 million nominal value of irredeemable convertible unsecured loan stocks together with 706.50 million Warrants in Berjaya Corporation Berhad ("BCorp") and cash of RM65.86 million
Listing Date 02 Jun 2016
Issue Date 31 May 2016
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 706,496,680
Maturity Mandatory
Maturity Date 29 May 2026
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 10.00 � Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) � 1.0000
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
The Warrants can be exercised at any time on or after the date of issue of the Warrants up to the expiry date, i.e. 29 May 2026 ("Expiry Date") (both dates inclusive). 

Each Warrant entitles the registered holder during the Exercise Period to subscribe for one (1) new ordinary share of RM1.00 each in BCorp at the Exercise Price, subject to the adjustments in accordance with the provisions of the Deed Poll dated 30 May 2016.

Any Warrant which has not been exercised on the Expiry Date will lapse and cease to be valid for any purpose. 


This Announcement is dated 1 June 2016.


Announcement Info

Company Name BERJAYA CORPORATION BERHAD
Stock Name BJCORP-WC
Date Announced 01 Jun 2016
Category Listing Information and Profile
Reference Number LIP-01062016-00002